Word: lacks
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Hedge funds are designed to take in more and more investors' money. Then inefficiencies and performance distortions of withdrawing money for investors and profit-taking for managers are smoothed out. The recent failures in hedge funds, while rooted in the financial meltdown, have been further fueled by the lack of new investment as well as pressure from current investors to take their money and run. Regardless of a fund's investment strategy, liquidation tends to make unrealized gains smaller - and unrealized losses larger - when they are finally realized...
...brain. This may be reductive, but there’s some truth in it yet. The sort of impulses that drive Barack Obama in policy-making are the same as those that drive young people to form such strongly left-leaning political positions. The impulse comes from a lack of experience and from a lack of faith in the experience of predecessors. The view presumes that virtually all of the political leaders that have come before now have either failed to realize something obvious or, worse, are too misguided or self-serving to seek solutions that prioritize anyone other than...
...Fred Cassiani beat freshman goalie Matt Hoyle in a 91-second span.“In general, our offense starts from our zone, and if we can establish a defense mindset, the offense will come,” Biega said. “Because we’re lacking on defense, we didn’t execute the simple passes in our own zone.”At this point, Harvard coach Ted Donato ’91 opted to give junior goalie John Riley his first substantial playing time of the season. In the remaining 25 minutes, Riley recorded...
Though Kagan has never argued a case before the Supreme Court, Fried said that her lack of experience before the court is secondary to her time at the Law School...
...lack of resistance could be tactical. Hamas' best chance of inflicting damage on the better equipped, better trained Israelis is to engage them in battles in the labyrinthine streets of Gaza's cities. But one senior Israeli commander who spoke to TIME says the Palestinians are unable to communicate as easily as they normally do. At the beginning of the ground offensive, Israel destroyed the cell towers of Gaza's cell-phone company. Hamas commanders, Israeli officials believe, have been reduced to sending messages by foot or using the landline system or walkie-talkies. The breakdown in communications means Hamas...